The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nopamortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years,MA AUOTand the notes payable will be rolled over.Balance Sheet (Millions of S)AssetsCash and securitiesAccounts receivableInventoriesTotal current assetsNet plant and equipmentTotal assets and staiLiabilities and Equity level woAccounts payablesuzu ols erojaNotes payableAccrualsTotal current liabilities il of bozore alLong-term bondsTotal debtCommon stockRetained earningsTotal common equityTotal liabilities and equitybeingIncome Statement (Millions of $)Net salesOperating costs except depr'nDepreciationEarnings bef int and taxes (EBIT)Less interestEarnings before taxes (EBT)TaxesNet incomeOther data:Shares outstanding (millions)Common dividendsInt rate on notes payable & L-T bondsFederal plus state income tax rateYear-end stock price2016Ons $ 1,554.0 waliot od to doidw& mol of ovien 9,660.0m vilmonog al il sbitqciq s diw13,440.0$24,654.017,346.0$42,000.0mousseasdial 30%$ 7,980.05,880.04,620.0$12,600.0$42,000.0$18,480.0aslugor a 11.5.2010,920.0d to tuomis odi$29,400.03,360.09,240.0101 als2016$58,800.0$54,978.0$1,029.0$ 2,793.01,050.0$ 1,743.0$ 610.1$1,133.0anodaogio dsvbezib ono..0job of residue175.00$ 509.836.25%35%$77.69gsimybe ono.bdi vtilidail Pasl916har venoMbote ngis10¹1015min d23bola.2.0.5(-hod2.belse A 4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day yearfor this calculation.a. 48.17b. 50.71c. 53.38d. 56.19e. 59.145. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1.1a. 0.90million twob. 1.12c. 1.40d. 1.68e. 2.02a. 4.17b. 4.38c. 4.59d. 5.82e. 5.07todes,82 hoon bad asgp posis6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio?Hint: COGS = the sum of operating costs except depreciation + depreciationoffers a rate of returVir0720828SA,OTers (82SteW SV0202 baa noitsioonCho tad ebnod ibontchopine staisnog turli bas enologovai ot basarsana buxit won yurd of 0212 basqa of besiuper anw milTonuenoy elloW bib wolt diso est donn wohl Istiquo grist00.00 12.002.828,12EA 120,1200.040,9224.121.327. Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio?a. 45.93%b. 51.03%c. 56.70%d. 63.00%e. 70.00%due mot

Name: The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn I
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Description: The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nopamortization charges, it does not lease any assets, none of its debt must be

Ratio analysis is the study of different financial data points found in the financial reports of an…

Business

Finance

4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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What are the annual sales for adorn with $0.5 M in liabilities a total debt ratio of 0.5 and an asset turnover of 4.0 assume assets remain unchanged?
Bakely Company reports the following information (in millions) during a recent year: net sales, $11,868.4; net earnings, $361.6; total assets, ending, $5,276.1; and total assets, beginning, $5,784.0. Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin.
1. Helo Company has provided the following data: Sales, P5,000,000; Interest expense, P30,000; Total assets, beginning of the year, P185,000; Total assets, end of the year, P215,000; Return on assets, 15.5%; Tax rate, 30%. What is the net income of Helo Co.? 2. A firm has an actual sales of P65,000 in April and P60,000 in May. It expects sales of P70,000 in June and P100,000 in July. Assuming that sales are the only source of cash inflows and that half of them are for cash and the remainder are collected evenly over the following two months, what are the firm’s expected cash receipts for July? Hi! answer 2 questions with solution pls. incomplete answer of 2 problems will be given down vote
.
a. Compute the current ratio for the current year. (Abbreviations used: STI = Short-term investments. Round your answer to two decimal places, X.XX.) Current ratio More Info a. Current ratio b. Cash ratio c. Acid-test ratio d. Inventory turnover e. Days' sales in inventory f. Days' sales in receivables g. Gross profit percentage Print Done Choose from any list or enter any number in the input fields a Financial Statements Balance Sheet: Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement: Net Credit Sales Cost of Goods Sold $ Current Year Preceding Year 15,000 $ 11,000 56,000 64,000 13,000 159,000 132,000 465,000 317,000 29,000 27,000 94,000 82,000 7,000 239,000 89,000
COMPANY B Balance Sheets December 31, Year 2 and Year 1 Year 2 Year 1 Assets Current assets: Cash Accounts receivable Inventory Investments Long-term assets: Land $ 217,600 58,000 85,000 3,000 $ 110,000 82,000 70,000 1,000 380,000 690,000 (328,000) $1,105,600 380,000 570,000 (168,000) $1,045,000 Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings $ 89,000 $4 5,000 7,000 75,000 11,000 4,000 120,000 240,000 600,000 284,600 $1,105,600 $1,045,000 600,000 115,000 Total liabilities and stockholders' equity Additional information for Year 2: 1. Net income is $169,600. 2. Sales on account are $1,183,000. 3. Cost of goods sold is $953,250. Required: 1. Calculate the following profitability ratios for Year 2: (Round vour answers to 1 decimal place.)
ss
am. 119.
Pharoah Company reports the following information (in millions) during a recent year: net sales, $13,875.0; net earnings, $693.8; total assets, ending, $5,600.0; and total assets, beginning, $5,500.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 6.2% or 6.2.) 1. Return on assets 2. Asset turnover 7.9 % 2.5 times 3. Profit margin 19.9 %
18-19. ESSAY. why it is important to use profitability ratios. 20- 21Total asset is PHP750,000. Sales is Pl-P1,500,000, What is the total asset turnover? 22 - 23Accounts receivable turnover is 4. What is the average collection pericd assuming anpual data are used? What is the average collection period assuming quarterly data are used?
A firm has net income before interest and taxes of $ 193,000 and interest expense of $28, 100. What is the times interest - earned ratio? Note: Round your answer to 2 decimal places. -
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